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Real Estate Development Management

 

         FIRM HISTORY

 

*    PRINCIPALS OF THE FIRM

 

*    PROJECT FILE

*          commercial

*             recreational

*             research facilities

*             residential

*             institutional:

*     educational

*     religious

*             theatre

*             under construction

*             drawing board

 

*    DEVELOPMENT PROPOSAL CALLS

 

*    AFFILIATED PRACTICE

*             Stratex International

 

Davidson-Langley Incorporated Architects (DLIA) provides real estate development services and has advised institutional clients who have expressed a need to capitalize on their real estate holdings.  DLIA assists these clients in assessing their holdings, determining the zoning and official plan issues, and developing a methodology for either developing the property with internal resources or through the sale or lease of the property to a third party for redevelopment purposes.  DLIA provides comprehensive services including preparing requests for proposal, proponent assessment and selection, and the ongoing advisory role to the institution through the development process.

 

Recent Examples:

 

Metropolitan United Church

Toronto, Ontario

 

DLIA managed, along with Fasken Martineau DuMoulin, Barristers and Solicitors, a two-stage development proposal call for the north property of Metropolitan United Church in downtown Toronto.  This historic Church was faced with financial issues related to the large Church premises and property, and the costs associated with maintaining the physical plant and conducting programmes.  The Request for Expression of Interest (RFEI) involved an invitation to potential developers to express interest in developing the north portion of the site.  A selected short list was asked to respond to the detailed Request for Proposals.  The proposal call resulted in the selection of a developer who will be adaptively re-using the Church manse, building underground parking, and constructing a high rise rental housing project at the north end of the Church property.  The land lease agreement has allowed the Church to extensively renovate its basement for relocation of outreach programs and other Church activities.

 

Bloor Street United Church

Toronto, Ontario

 

DLIA has recently completed an option study for Bloor Street United Church related to the development potential of their property located in midtown Toronto.  Seven options were presented to the Church congregation for further review and discussion.  A RFEI was subsequently issued for potential real estate developers.  The redevelopment option is currently being reviewed by the Church.

 

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